Something strange happened to economics about a century ago. In moving from classical to neo-classical economics — the dominant academic school today — economists expunged land — or natural resources.

The time is ripe for good economic analysis from a progressive perspective. The Left has tended to have an understandable visceral dislike/distrust of markets. But this has had the effect of ceding ...

Economist Ha-Joon Chang explains why the school of Neoclassical economics that rose in the 19th/early 20th century – now today’s dominant school of economics – decided they wanted to be scientists.

economic development policy. As John Williamson, who coined the term, put it in 2002, these measures “are motherhood and apple pie, which is why they commanded a consensus”. Not anymore. Dani Rodrik, ...

In a classic case of ‘they would say that, wouldn't they?’, economic textbook authors McTaggart, Findlay and Parkin have recently defended economics from the criticism that it failed in not predicting ...

The Canadian Journal of Economics / Revue canadienne d'Economique, Vol. 15, No. 4 (Nov., 1982), pp. 586-612 (27 pages) The evidence discussed in this paper supports Alfred Marshall's insistence upon ...

Brink Lindsay has a piece on why he opposes a universal basic income that has gotten a lot of attention. His argument draws on paternalism and behavioral economics style arguments about how welfare ...

15 February 2008 For the 25 years, the so-called "Washington Consensus" - comprising measures aimed at expanding the role of markets and constraining the role of the state - has dominated economic ...